Salesforce Inc. has cut up to 1,000 jobs in early February, in yet another instance of AI remodelling the workspace. The Salesforce Tower in New York. (AP) But the Salesforce layoffs has affected its Agentforce AI product, as well as roles across marketing, product management, data analytics, Business Insider reported citing LinkedIn posts and conversations […]
Global advisor to CEOs and corporate boards Ram Charan joins Mornings with Maria to discuss the growth of AI in American businesses and the impact of technology on jobs. U.S. employers’ announced job cuts surged in the month of January and hit the highest level since 2009, a new report shows. Global outplacement and executive coaching […]
Amazon.com Inc. has announced layoffs affecting as many as 16,000 corporate jobs, amid “rising competition over AI”. Amazon CEO Andy Jassy. (Reuters) The company will offer US-based employees 90 days to search for a new role internally, as well as severance and other transition support, Beth Galetti, the senior vice president of people experience and […]
Amazon.com Inc. employees who have been anticipating layoffs numbering in the thousands got one more thing to worry about late Tuesday—a meeting invite and email from a top executive that was sent prematurely. Amazon had in October signalled that more layoffs could come in 2026 as it found “additional places we can remove layers”. (AFP) […]
Ericsson AB plans to cut about 1,600 jobs, as the Swedish network equipment supplier looks to reduce its operational costs. Ericsson headquarters in Stockholm, Sweden. (AFP) The cuts will impact its Swedish workforce and the company has entered negotiations with unions, Ericsson said in a statement on Thursday. Ericsson has been working to cut costs […]
Office workers are filled with anxiety. Many white-collar workers are becoming more pessimistic about their ability to find a new job if they get laid off. Tuesday’s jobs report was the latest ominous sign in an era of big corporate layoff announcements and CEOs warning that AI will replace workers. The overall unemployment rate ticked […]
Apple Inc. has eliminated dozens of sales roles in a bid to streamline the way it offers products to businesses, schools and governments, marking a rare layoff for the iPhone maker. Apple relies less on layoffs than many of its tech peers, with CEO Tim Cook saying previously that the move is a “last resort”. […]
As Bengaluru’s once-thriving IT workforce grapples with layoffs, the rise of Artificial Intelligence, and weakening global demand, the dream of homeownership is being replaced by caution and fear. Even a sharp price correction may not be enough to draw tech professionals back into the housing market, according to prospective buyers and Reddit users. As Bengaluru’s […]
The Amazon layoffs can result in 800-1,000 job cuts in India, ET reported on Wednesday, as the US-based e-commerce firm taps AI to reduce overheads. In all, Amazon is planning to replace and/or avoid 600,000 US jobs by 2027. (AFP) The Amazon India layoffs would span functions—including finance, human resources and technology, ET reported citing […]